XRP › Uncategorized
Plaintiff and lead counsel named in Ripple class action lawsuit over XRP offering
Taylor-Copeland Law and Susman Godfrey, LLP were named as co-counsel in a proposed class-action lawsuit against Ripple Labs, Inc for allegedly failing to comply with securities regulations.
Guest Post › Seattle · U.S. › Regulation
Washington State shouldn’t let blockchain regulation go to pot
Washington State recently passed SB5638, “recognizing the validity of distributed ledger technology,” to much fanfare in the local community, but the bill itself does little to position Washington as a hub of blockchain innovation and without quick and decisive action, we could very well be on a path to repeat the same mistakes made in […]
Ethereum › Adoption
Hyperledger welcomes Ethereum Foundation, Microsoft, and others to consortium
Hyperledger announced it has accepted eight new members and launched a new project focusing on new infrastructure for decentralized identity, including the Ethereum Foundation and Microsoft.
Technology
Gitcoin and ConsenSys Labs partner for Beyond Blockchain hackathon
Gitcoin and ConsenSys Labs will host a three-week virtual hackathon called Beyond Blockchain from June 24–July 10.
Bitfinex › Altcoins
Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall
Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token.
Bitcoin · Libra › People
Will Facebook’s “Libra” cryptocurrency outcompete Bitcoin?
Peter Schiff, the CEO of brokerage firm Euro Pacific Capital, believes Facebook’s Libra cryptocurrency will outcompete Bitcoin on stability and fees.
Libra › U.S. › Stablecoins
PayPal, Mastercard, Visa, Uber and Stripe investing in Facebook’s new cryptocurrency
PayPal, Mastercard, Visa, Stripe, and Uber will be among over a dozen companies investing approximately $10 million each to back Facebook’s new cryptocurrency.
Bittrex › Seattle › Analysis
Bittrex tackles European markets amid regulatory issues and falling market share
Bittrex struggled over the last two years amid problems with regulatory compliance and declining market share.
EOS › People
Block.one CEO expects $50-100 million payday for top influencers on EOS Voice
A screenshot of what appears to be a message from Block.one CEO Brendan Blumer reveals that he expects top social media influencers to be able to generate $50–100 million in revenue from Voice, EOS’s new social media platform.
Bitcoin › Uncategorized
International Accounting Standards Board believes Bitcoin will be gone within five years
The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments.
Adoption
Crypto community reacts to CCN’s closure, Google or editorial policy to blame?
CCN announced that it will be closing down its crypto-news publication.
Ethereum › Investments
A $100 million investment fund is “10 years long” on Ethereum
DARMA Capital, a $100 million investment firm heavily invested in Ethereum, is opening to investors who want to go long on cryptocurrency, as first reported by Bloomberg.
DeFi
MakerDAO finally lowers its stability fee as Dai overshoots peg
MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17.5 percent.
Ethereum › U.S. › Technology
Microsoft announces VeriSol: Ethereum smart contract verification
Microsoft announced the development of an open-source formal Ethereum smart contract verification scheme for the Solidity programming language.
U.S. › ICOs
SEC sues Kik for unregistered securities offering
The United States Securities and Exchange Commission (SEC) has sued messaging app Kik over their 2017 ICO for its KIN token.
Seth is a Seattle-based writer who helps businesses using blockchain tell the stories of their success. His work has been published in CryptoSlate, Hacker Noon, and Coin Review and clients have included Evernym and Aave. Seth also maintains a calendar of Seattle-area blockchain events at www.pnwblockchain.com.
